Property Report for 502 Water St, Otsego, MI 49078

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502 Water St, Otsego, MI 49078
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502 Water St, Otsego, MI 49078
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Property Details
  • Property Address 502 Water St, Otsego, MI 49078
  • County Allegan
  • Parcel ID 54-022-040-00
  • Legal description WLY 132 FT OF ELY 709.5 FT MEASURE ALONG ALLEGAN ST OF THAT PT W 1/2 NE 1/4 LYING N OF SD ST & S OF KALA RIV EX THAT PT LYING
  • School district Otsego Public Schools
  • Acreage 0.67
  • Property class Single Family Residence
  • Zoning Subscribe
  • Square footage 1,399
  • Year built 1997
  • Bedrooms N/A
  • Bathrooms 2

About the Property

502 Water St is a single family residence in the city of Otsego, MI 49078. Located in the Otsego Public Schools, which resides in Allegan County, MI and built in 1997. This Single Family Residence sits on a 29,055 sq ft lot and features 2 bathrooms and 1,399 sq ft of living space.

The most recent property tax for 502 Water St was $4,089 with an estimated market value range of $329,479 to $342,928. This property was last sold on May 09, 2016.

Property Info

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Flood

Ownership

Land
  • Acres 0.67
  • Square Feet 29,055
Building
  • Units N/A
  • Year Built 1997
  • Effective Year Built N/A
  • Stories 1
  • # Fireplaces 1
  • Garage/Carport N/A
Utilities
  • Cooling Yes
  • Heating Forced Air
Interior
  • Square Footage
  • Living Area 1,399
  • Total Rooms N/A
  • Bedrooms N/A
  • Total Bathrooms 2
  • Full Bathrooms 2
Your Property Report will also include the following information:

Otsego Residential Market Stats

Median Sale Price $185,400 -28% YoY
Median Price/sq ft. $122
Allegan County Median Sale Price $185,400 -28% YoY

See more Real Estate Trends for Otsego including home values, types of properties sold and transaction volumes.

Taxes and Assessments for 502 Water St, Otsego

Tax YearTaxesTax Assesed ValueExemptions
2022$4,089 (+2.6%) $140,900 (+5.2%)

2020$3,986 (+1.7%) $133,900 (+34.3%)

2019$3,919$99,700

2018

2017

2016

2015

Access Full Tax & Assessment History for 502 Water St, Otsego. View Tax Information

Sales History for 502 Water St, Otsego

The most recent sale on 502 Water St took place on Dec 07, 2015 and recorded on May 09, 2016. Sign up for full access to the complete sales history including potential flips, distressed sales and buyer and seller data.
Sale DateRecorded DateBuyer(s)Seller(s)PriceDocument ID

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Recently Sold Comparables
These are nearby recently sold properties that are similar to this property, base on available data.
AddressDistanceSqFtSale DatePrice$/SqFt
1020 112TH AVE 4.56 mi1,37806/08/2023$260,000$189
105 E MORRELL ST .64 mi1,42806/01/2023$240,000$168
300 N SHERWOOD AVE 3.79 mi1,58105/18/2023$191,000$121
Active Mortgages and Equity Analysis
Date RecordedPositionOriginal AmountAmortized BalanceLoan TypeInterest RateLenderLender Type

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  • Estimated Value from ATTOM AVM:

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Access the complete Mortgage and Equity Analysis for 502 Water St, Otsego. View Mortgage and Equity
Automated Valuation Models (AVM)
Our Property Reports contain multiple Automated Valuation Models showing low, median, and high values along with confidence scores.
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Market Value Estimate
Nov 22, 2022 Confidence Score: 98%

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Rental Value Estimate ATTOM

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Various data sets have been provided by a third party or government source and are subject to change and possible errors. Depending on location and source, data may be missing or not available. Information is deemed reliable but not guaranteed to be accurate, up-to-date, or complete. Buyers, investors, and others are responsible for verifying the accuracy of all information.